The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBOTT LABS COM 002824100 1,627 35,114 SH   SOLE 35,114 0 0
ACCURIDE CORP NEW COM NEW 00439T206 156 33,400 SH   SOLE 33,400 0 0
AIR PRODS & CHEMS INC COM 009158106 621 4,102 SH   SOLE 4,102 0 0
ALLEGHANY CORP DEL COM 017175100 17,111 35,135 SH   SOLE 35,135 0 0
AMERICAN EXPRESS CO COM 025816109 256 3,277 SH   SOLE 3,277 0 0
AMERICAN NATL INS CO COM 028591105 1,554 15,793 SH   SOLE 15,793 0 0
AMGEN INC COM 031162100 925 5,784 SH   SOLE 5,784 0 0
ANNALY CAP MGMT INC COM 035710409 349 33,600 SH   SOLE 33,600 0 0
APACHE CORP COM 037411105 277 4,594 SH   SOLE 4,594 0 0
APPLE INC COM 037833100 1,057 8,497 SH   SOLE 8,497 0 0
APPLIED MATLS INC COM 038222105 438 19,434 SH   SOLE 19,434 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 214 4,269 SH   SOLE 4,269 0 0
AT&T INC COM 00206R102 260 7,966 SH   SOLE 7,966 0 0
ATWOOD OCEANICS INC COM 050095108 1,050 37,370 SH   SOLE 37,370 0 0
AXIALL CORP COM 05463D100 927 19,740 SH   SOLE 19,740 0 0
BANK AMER CORP COM 060505104 377 24,477 SH   SOLE 24,477 0 0
BANK NEW YORK MELLON CORP COM 064058100 3,653 90,784 SH   SOLE 90,784 0 0
BERKLEY W R CORP COM 084423102 12,052 238,612 SH   SOLE 238,612 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 1,740 8 SH   SOLE 8 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 35,354 244,969 SH   SOLE 244,969 0 0
BIOGEN INC COM 09062X103 242 573 SH   SOLE 573 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 735 18,900 SH   SOLE 18,900 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 430 26,701 SH   SOLE 26,701 0 0
BP PLC SPONSORED ADR 055622104 200 5,102 SH   SOLE 5,102 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,304 23,700 SH   SOLE 23,700 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,115 20,796 SH   SOLE 20,796 0 0
CALIFORNIA RES CORP COM 13057Q107 812 106,707 SH   SOLE 106,707 0 0
CAMECO CORP COM 13321L108 183 13,103 SH   SOLE 13,103 0 0
CATHAY GEN BANCORP COM 149150104 307 10,800 SH   SOLE 10,800 0 0
CHESAPEAKE ENERGY CORP COM 165167107 1,531 108,090 SH   SOLE 108,090 0 0
CHEVRON CORP NEW COM 166764100 1,527 14,548 SH   SOLE 14,548 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 3,086 62,655 SH   SOLE 62,655 0 0
CIMAREX ENERGY CO COM 171798101 5,634 48,950 SH   SOLE 48,950 0 0
CISCO SYS INC COM 17275R102 634 23,019 SH   SOLE 23,019 0 0
CLOROX CO DEL COM 189054109 312 2,828 SH   SOLE 2,828 0 0
CNA FINL CORP COM 126117100 1,441 34,778 SH   SOLE 34,778 0 0
COCA COLA CO COM 191216100 3,092 76,254 SH   SOLE 76,254 0 0
CONOCOPHILLIPS COM 20825C104 310 4,987 SH   SOLE 4,987 0 0
CORNING INC COM 219350105 577 25,460 SH   SOLE 25,460 0 0
COVANTA HLDG CORP COM 22282E102 903 40,250 SH   SOLE 40,250 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 765 39,894 SH   SOLE 39,894 0 0
DEVON ENERGY CORP NEW COM 25179M103 6,448 106,914 SH   SOLE 106,914 0 0
DIAMOND FOODS INC COM 252603105 422 12,945 SH   SOLE 12,945 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 1,089 40,662 SH   SOLE 40,662 0 0
DIRECTV COM 25490A309 2,913 34,228 SH   SOLE 34,228 0 0
DOW CHEM CO COM 260543103 354 7,374 SH   SOLE 7,374 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2,031 28,414 SH   SOLE 28,414 0 0
EBAY INC COM 278642103 574 9,955 SH   SOLE 9,955 0 0
EDISON INTL COM 281020107 219 3,500 SH   SOLE 3,500 0 0
EMERSON ELEC CO COM 291011104 297 5,250 SH   SOLE 5,250 0 0
ENCANA CORP COM 292505104 394 35,300 SH   SOLE 35,300 0 0
ENDURO RTY TR TR UNIT 29269K100 50 12,130 SH   SOLE 12,130 0 0
ENSCO PLC SHS CLASS A G3157S106 607 28,826 SH   SOLE 28,826 0 0
ENTERGY CORP NEW COM 29364G103 4,100 32,493 SH   SOLE 32,493 0 0
EQT CORP COM 26884L109 323 3,900 SH   SOLE 3,900 0 0
EXCO RESOURCES INC COM 269279402 23 12,500 SH   SOLE 12,500 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 802 9,244 SH   SOLE 9,244 0 0
EXXON MOBIL CORP COM 30231G102 373 4,383 SH   SOLE 4,383 0 0
Fairfax Financial Hldgs Ltd COM 303901102 11,783 21,094 SH   SOLE 21,094 0 0
FOREST CITY ENTERPRISES INC CL A 345550107 2,412 94,518 SH   SOLE 94,518 0 0
FORESTAR GROUP INC COM 346233109 182 11,550 SH   SOLE 11,550 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 208 25,800 SH   SOLE 25,800 0 0
GANNETT INC COM 364730101 6,097 164,430 SH   SOLE 164,430 0 0
GENERAL AMERN INVS INC COM 368802104 5,279 150,929 SH   SOLE 150,929 0 0
GENERAL DYNAMICS CORP COM 369550108 556 4,100 SH   SOLE 4,100 0 0
GENERAL ELECTRIC CO COM 369604103 341 13,730 SH   SOLE 13,730 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 260 7,800 SH   SOLE 7,800 0 0
GOLUB CAP BDC INC COM 38173M102 305 17,400 SH   SOLE 17,400 0 0
GRAHAM HLDGS CO COM 384637104 761 725 SH   SOLE 725 0 0
GRAN TIERRA ENERGY INC COM 38500T101 33 12,000 SH   SOLE 12,000 0 0
GREIF INC CL B 397624206 1,487 32,497 SH   SOLE 32,497 0 0
HARMAN INTL INDS INC COM 413086109 267 2,000 SH   SOLE 2,000 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 631 15,100 SH   SOLE 15,100 0 0
HELMERICH & PAYNE INC COM 423452101 715 10,500 SH   SOLE 10,500 0 0
HERCULES OFFSHORE INC COM 427093109 4 10,400 SH   SOLE 10,400 0 0
HORSEHEAD HLDG CORP COM 440694305 736 58,175 SH   SOLE 58,175 0 0
HUGOTON RTY TR TEX UNIT BEN INT 444717102 113 19,379 SH   SOLE 19,379 0 0
IAMGOLD CORP COM 450913108 35 18,473 SH   SOLE 18,473 0 0
IDT CORP CL B NEW 448947507 232 13,080 SH   SOLE 13,080 0 0
INTEL CORP COM 458140100 512 16,385 SH   SOLE 16,385 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,440 8,969 SH   SOLE 8,969 0 0
INTL PAPER CO COM 460146103 239 4,302 SH   SOLE 4,302 0 0
INVESTORS BANCORP INC NEW COM 46146L101 160 13,630 SH   SOLE 13,630 0 0
ION GEOPHYSICAL CORP COM 462044108 26 11,900 SH   SOLE 11,900 0 0
JOHNSON & JOHNSON COM 478160104 3,142 31,236 SH   SOLE 31,236 0 0
LEUCADIA NATL CORP COM 527288104 8,977 402,724 SH   SOLE 402,724 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 393 6,946 SH   SOLE 6,946 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 276 5,368 SH   SOLE 5,368 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 655 13,153 SH   SOLE 13,153 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 423 10,982 SH   SOLE 10,982 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 815 21,342 SH   SOLE 21,342 0 0
LOEWS CORP COM 540424108 11,292 274,382 SH   SOLE 274,382 0 0
MARKEL CORP COM 570535104 13,601 17,687 SH   SOLE 17,687 0 0
MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 415 12,300 SH   SOLE 12,300 0 0
MCDERMOTT INTL INC COM 580037109 159 41,500 SH   SOLE 41,500 0 0
MERCK & CO INC NEW COM 58933Y105 331 5,756 SH   SOLE 5,756 0 0
METLIFE INC COM 59156R108 683 13,505 SH   SOLE 13,505 0 0
MFC INDL LTD COM 55278T105 94 23,261 SH   SOLE 23,261 0 0
MICROSOFT CORP COM 594918104 3,433 84,445 SH   SOLE 84,445 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 583 52,450 SH   SOLE 52,450 0 0
NABORS INDUSTRIES LTD SHS G6359F103 931 68,187 SH   SOLE 68,187 0 0
NOBLE CORP PLC SHS USD G65431101 551 38,575 SH   SOLE 38,575 0 0
NOVARTIS A G SPONSORED ADR 66987V109 880 8,924 SH   SOLE 8,924 0 0
NRG ENERGY INC COM NEW 629377508 315 12,507 SH   SOLE 12,507 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 251 25,425 SH   SOLE 25,425 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 669 9,158 SH   SOLE 9,158 0 0
OFG BANCORP COM 67103X102 503 30,850 SH   SOLE 30,850 0 0
PARAGON OFFSHORE PLC SHS G6S01W108 14 11,143 SH   SOLE 11,143 0 0
PATTERSON UTI ENERGY INC COM 703481101 743 39,600 SH   SOLE 39,600 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 612 75,650 SH   SOLE 75,650 0 0
PFIZER INC COM 717081103 705 20,255 SH   SOLE 20,255 0 0
PG&E CORP COM 69331C108 250 4,703 SH   SOLE 4,703 0 0
PICO HLDGS INC COM NEW 693366205 1,895 116,893 SH   SOLE 116,893 0 0
PNC FINL SVCS GROUP INC COM 693475105 577 6,190 SH   SOLE 6,190 0 0
POTASH CORP SASK INC COM 73755L107 293 9,100 SH   SOLE 9,100 0 0
PROCTER & GAMBLE CO COM 742718109 419 5,111 SH   SOLE 5,111 0 0
REIS INC COM 75936P105 241 9,400 SH   SOLE 9,400 0 0
RESOLUTE FST PRODS INC COM 76117W109 221 12,800 SH   SOLE 12,800 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 95 11,861 SH   SOLE 11,861 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,103 112,638 SH   SOLE 112,638 0 0
ROYCE VALUE TR INC COM 780910105 1,205 84,129 SH   SOLE 84,129 0 0
RPC INC COM 749660106 5,191 405,233 SH   SOLE 405,233 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 1,464 122,284 SH   SOLE 122,284 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 1,167 41,033 SH   SOLE 41,033 0 0
SEARS HLDGS CORP COM 812350106 224 5,425 SH   SOLE 5,425 0 0
SEMPRA ENERGY COM 816851109 510 4,677 SH   SOLE 4,677 0 0
SOURCE CAP INC COM 836144105 3,498 47,692 SH   SOLE 47,692 0 0
SOUTHERN CO COM 842587107 375 8,466 SH   SOLE 8,466 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 226 1,095 SH   SOLE 1,095 0 0
STARZ COM SER A 85571Q102 378 10,986 SH   SOLE 10,986 0 0
SYSCO CORP COM 871829107 685 18,150 SH   SOLE 18,150 0 0
TCW STRATEGIC INCOME FUND IN COM 872340104 292 53,918 SH   SOLE 53,918 0 0
TIMMINS GOLD CORP COM 88741P103 7 10,000 SH   SOLE 10,000 0 0
TRI POINTE HOMES INC COM 87265H109 1,816 117,696 SH   SOLE 117,696 0 0
UNITED SECURITY BANCSHARES C COM 911460103 90 16,693 SH   SOLE 16,693 0 0
US BANCORP DEL COM NEW 902973304 943 21,591 SH   SOLE 21,591 0 0
V F CORP COM 918204108 572 7,600 SH   SOLE 7,600 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1,131 14,050 SH   SOLE 14,050 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 772 15,870 SH   SOLE 15,870 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 1,004 30,731 SH   SOLE 30,731 0 0
WAL-MART STORES INC COM 931142103 557 6,773 SH   SOLE 6,773 0 0
WATERSTONE FINL INC MD COM 94188P101 150 11,696 SH   SOLE 11,696 0 0
WELLS FARGO & CO NEW COM 949746101 1,414 25,994 SH   SOLE 25,994 0 0
WESTAMERICA BANCORPORATION COM 957090103 3,589 83,054 SH   SOLE 83,054 0 0
WEYERHAEUSER CO COM 962166104 1,017 30,680 SH   SOLE 30,680 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 20,504 29,953 SH   SOLE 29,953 0 0
WILEY JOHN & SONS INC CL A 968223206 761 12,450 SH   SOLE 12,450 0 0